RadNet (RDNT) Reports Q4 EPS of $0.08

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Go back to RadNet (RDNT) Reports Q4 EPS of $0.08

RadNet Reports Record Fourth Quarter and Full Year 2016 Results and Releases 2017 Financial Guidance

March 14, 2017 6:00 AM EDT

For the fourth quarter, RadNet reports record Total Net Revenue (Revenue) of $224.9 million, an increase of 4.3% over the prior years fourth quarter; Adjusted EBITDA(1) was $34.9 million, the Companys best performance in any fourth quarter, an increase of 7.2% over the same period in 2015For full year 2016, RadNet reports record Revenue of $884.5 million and record Adjusted EBITDA(1)of $133.0 million, both increases of 9.3% as compared with full year 2015 Net Income Attributable to RadNet, Inc. Common Stockholders (Net Income) for the fourth quarter was $3.7 million (or $0.08 per diluted share), compared to Net Income of $881... More